Based on the data in Table 11.10 determine:

a) How many weeks of finished goods were on hand at the end of last year.b) How many weeks of finished goods were on hand at the end of this year.    

TABLE 11.10 Sales Cost of goods sold Gross margin Other expenses Net income Finished goods inventory Work-in-process inventory Raw material inventory Total inventory For Problems 11.9, 11.10, and 11.11 (average for year) Other current assets Other assets Total assets LAST YEAR $ 215,000 121,000 94,000 49,000 45,000 2,000 10,000 5,000 17,000 91,000 213,000 321,000 THIS YEAR $ 228,000 131,000 97,000 49,000 48,000 5,000 12,000 6,000 23,000 110,000 242,000 375,000